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Aviva Fouls Up Pension Transfer

I have a personal pension with Aviva. I asked last year if I could take 90% of pension and was told no. In January I asked for confirmation of this in writing as it was required as evidence to enforce a Financial Ombudsman decision via County Court (see previous posts).
In February I received a letter from Aviva stating I could take 90% (leaving 10% to keep pension open for redress payment).

I arranged to transfer to a HL sipp and the forms were returned to Aviva 2 March. HL rang Aviva 16 March and was told a BACS payment would take place on 18 March. I rang Aviva 22 March to enquire what the transfer sum was and was told there had been no transfer:eek: I asked to speak to policy admin but was told it wasn't possible, but they would send a message for them to ring me back. This didn't happen, so rang again today and urgent message left, still no call back.
I am 54 and HL require the funds prior to 1 April in order for me to commence drawdown, otherwise I have to wait until December. I was self employed but sold the business in preparation for retirement.

I have wrote a letter of complaint (copied to the CEO) but time is running out.

Comments

  • Annisele
    Annisele Posts: 4,835 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 24 March 2010 at 10:30PM
    If the Financial Ombudsman Service are already involved, have you tried calling the person who dealt with your case?

    I take it the complaint wasn't about Aviva, and in any case FOS can't make Aviva do anything, but sometimes a quick call between FOS and a provider can help move things along.

    Edit: I should say that FOS may not be prepared to do any such thing - they don't have to! - but it might be worth a shot.
  • Stress
    Stress Posts: 22 Forumite
    Thanks Annisele, the FOS will only act after the firm has issued it's final response.

    Got an email from CEO he has put a manager on to investigate the complaint.
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